Voice of Reason
J-State86-90
It truly amazes me how so called educated people are so slow to understand basic business principles or basic legal ones. Let me attempt to help some of you here! BTW... I'm not an attorney! But I did stay in a Holiday Inn Express!
IF, JSU was to indeed pursue it's legal right to be made whole from this fiasco through any court proceeding. We would ask for two basic things:
1. To be compensated for the loss revenue that was caused for the cancelation of the Homecoming game! This is called "Compensatory Damages"
2. To punish the party that cause such this Hardship, i.e... Grambling! This is called "Punitive Damages"
Stay with me here.
If the courts were to say, Grambling must play in Jackson for the next 4 years, this would be the punishment. Any revenue that is derived from this would be simply a bi-product of the punishment and not compensation! The compensation would have to be spelled out exactly to be considered compensatory. It would be impossible to do this over a series of games with so many unknown factors playing a part in that math.
The compensatory damages will take in account ALL proceeds that the school (JSU) would have realized through the game and subsequent events surrounding the game...Ticket sales, parking, concessions, apparel sales... to name a few. Things that can be measured through historical means.
To sum it up, Grambling playing multiple games in Jackson does not constitute being made whole from a compensatory perspective, so please stop trying to make it so.
BTW... I'm not in favor of suing!
IF, JSU was to indeed pursue it's legal right to be made whole from this fiasco through any court proceeding. We would ask for two basic things:
1. To be compensated for the loss revenue that was caused for the cancelation of the Homecoming game! This is called "Compensatory Damages"
2. To punish the party that cause such this Hardship, i.e... Grambling! This is called "Punitive Damages"
Stay with me here.
If the courts were to say, Grambling must play in Jackson for the next 4 years, this would be the punishment. Any revenue that is derived from this would be simply a bi-product of the punishment and not compensation! The compensation would have to be spelled out exactly to be considered compensatory. It would be impossible to do this over a series of games with so many unknown factors playing a part in that math.
The compensatory damages will take in account ALL proceeds that the school (JSU) would have realized through the game and subsequent events surrounding the game...Ticket sales, parking, concessions, apparel sales... to name a few. Things that can be measured through historical means.
To sum it up, Grambling playing multiple games in Jackson does not constitute being made whole from a compensatory perspective, so please stop trying to make it so.
BTW... I'm not in favor of suing!
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